Energy

Our focus on energy is consistent with our corporate strategy to generate value through efficiency and optimization.

Energy Chart

We understand that improved energy efficiency delivers both direct and indirect emission reduction and economic benefits. Our manufacturing processes are heavily dependent on energy, and we are committed to continuously looking for ways to advance toward our goal of reducing our overall energy intensity by reducing our consumption and harnessing waste energy often lost in our processes. 

Our work focuses on new innovations in equipment, process technologies, and waste heat recovery and utilization as our primary levers to help us achieve efficiency improvements while also considering alternative energy sources to reduce our reliance on fossil fuels.

The global slowdown of the economy due to the COVID-19 pandemic impacted our energy performance, both in terms of energy intensity (lowering efficiency) and energy ratio (lowering volumes). Despite these challenges, in 2020, we were still able to realize a slight improvement in our overall energy intensity by nearly 2%. This improvement was based primarily on our energy exports which remained flat on an absolute basis of approximately 9.5 million gigajoules but were up by over 16% on a product intensity basis. These improvements, largely attributed to a full year of heat exports at our Franklin, Louisiana, United States carbon black facility, more than offset the increased energy intensity required due to reduced production volumes.